Answer:
Vertical equity is a system of taxation in which wealthier people are taxed at higher rates than people with less income. For example- a person with income of $100000 may be taxed at 20% and another person with income of $50000 may be taxed at 10%. This system is supported by a group of proponents because they say, wealthier people need more government services such as police services etc. Hence, they should be taxed at higher rate.
Horizontal equity is a system of taxation in which equals are treated equal. This means people with same income pay same amount of tax. This system is beginning point of tax system of any economy. For example- If all the people with income of $50000 pay tax of $2500 then it is horizontal equity.
Differentiate between vertical equity and horizontal equity and how we mesure them
how to mesure vertical equity
how to mesure horizontal equity
What is the difference between: - Working capital and owner equity - Vertical analysis and horizontal analysis - Return on revenue and return on equity
Describe the difference between the benefits principle of taxation vs the ability to pay. Describe the difference between vertical equity and horizontal equity as it pertains to taxes.
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Explain the concept of horizontal and vertical analysis and explain how managers use them to make decisions
Draw three different alkene isomers of C5H7Cl. How mightyou use NMR to differentiate between them?
Differentiate between debt ratio and debt to equity ratio?
differentiate between risk selection and adverse selection. disscuss how we can deal with adverse selection
List the different speciation pathways and distinguish between them (allopatric, parapatric, sympatric). Differentiate between the two forms of sympatric speciation (autopolyploidy, allopolyploidy) Predict the outcome of the interactions between populations in hybrid zones.